Investing.com - TrustCo Bank NY reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
TrustCo Bank NY announced earnings per share of $1.01 on revenue of $53.43. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $47.94M.
TrustCo Bank NY shares are up 7% from the beginning of the year and are trading at $34.36 , down-from-52-week-high.
TrustCo Bank NY follows other major Financial sector earnings this month
TrustCo Bank NY's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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